For many potential First Home Buyers, the current market climate is looking pretty appealing. With interest rates extremely low we’ve seen a definite step forward by those wanting to get on the property ladder.
8 Things Your Mortgage Broker Wants You To Know
Looking To Buy? It's Not Always About the Money
Probably not something you'd hear from your local Real Estate agent - however as Mortgage Brokers we often get to see a different side to things.
The OCR & How It Works
February saw a fair bit of talk around the OCR (Official Cash Rate) with an announcement to hold the rate at 1% again this month.
8 HANDY WEBSITES FOR HOME OWNERS & FUTURE HOME OWNERS
There is an amazing amount of information on the web and you can Google almost anything with instant results. But I thought it would be a good idea to introduce you to some specific websites which are very helpful when budgeting, building or purchasing a home. They all provide some great information and generally very easy to navigate around and understand
Buying a Home with a Family Member or Friends
With the average house price in New Zealand being at least 6 times the average income and Auckland housing affordability around 9 times the average income, it may seem nearly impossible to live the dream of owning your own home. However, over recent years we’ve seen a shift in the types of home loan applications we receive – with an increase in family members or friends purchasing homes together to get onto the property ladder.
All You Need to Know About Deposits
The word deposit can cause a little confusion when it comes to buying a home, particularly if it’s your first home. You’ll talk about deposits with the bank and you’ll also be asked for a deposit by the Real Estate agent.
So, the word deposit comes up twice when buying a home, but are they the same thing?